Shell Wins Approval for Deep-Water Drilling Permit in Gulf
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Royal Dutch Shell Plc won a U.S. permit to drill a deep-water well in the Gulf of Mexico where exploration was banned after the BP Plc blowout 11 months ago.
Shell, based in The Hague, can drill in waters about 137 miles (220 kilometers) south of Lafayette, Louisiana, at a depth of 2,721 feet (829 meters), according to a statement today from the Bureau of Ocean Energy Management, Regulation and Enforcement. The Interior Department unit on March 21 approved Shell’s exploration plan for the Gulf.